When the Demand and Supply of a Good Both Shift

Multiple Choice

When the demand and supply of a good both shift in the same direction and amount:

A) ​Price will change in the same direction as the shifts in supply and demand.
B) ​Price will change in the opposite same direction as the shifts in supply and demand.change in price and an increase in quantity exchanged.
C) ​Quantity exchanged will change in the same direction as that of the shifts in supply and demand.
D) ​Quantity exchanged will change in the opposite direction from that of the shifts in supply and demand